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Electrically Conductive Adhesives Market future trend and growth opportunities over the forecast timeframe

Author : Rahul Varpe | Published Date : 2019-07-03 

European market led by France, Germany, UK and Russia electrically conductive adhesives market may witness steady growth during forecasted period owing to growing aerospace and defense sector. Russian defense spending was over USD 60 billion in 2018. Growing influence towards investing in defense activities supported by rising adoption of advance technology will have positive influence on industry growth.  

North American market driven by Mexico Canada and US electrically conductive adhesives market may experience steady growth in the projected time frame. Growing demand for broadband services and advent of new smart phones would stimulate the mobile industry. The mobile chipset industry would experience significant gains to supply growing demand which will boost regional demand for electrically conductive adhesives in mobile chipset industry.

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Electrically Conductive Adhesives Market size may experience significant growth in the forecasted time frame owing to utilization in consumer electronics, aerospace and defense, automotive, and bioscience industries. Rising use of PCB (printed circuit board) and semiconductors in these industries and replacing soldering with electrically conductive adhesives would propel the market growth.

Electrically conductive adhesives comprise of conducting component including silver, nickel, copper or graphite and an adhesive component including varnish, synthetic raisin or silicone. They are preferred over conventional soldering owing to finer pitch printing, lower temperature processing, eco friendliness and higher flexibility.

Silver filled electrically conductive adhesives may witness significant growth owing to properties including high conductivity and easy fabrication into desired shape. The product also provides alternatives for grounding solutions and could replace fasteners and screws.

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Electrically conductive adhesives market types include isotropic and anisotropic which help to complete a circuit while maintaining conductivity. They are used in PV solar panels, touch panel screens and other electronic devices. Isotropic conductive adhesives are used for bonding electrically conductive SMDs and chip contacting owing to its electrical conduciveness in all directions which may propel industry growth.

Rise in demand for anisotropic conductive adhesives in various applications including LCD connections, flexible PCBs and bonding antenna structures will further propel electrically conductive adhesives market demand. The consumer electric market may surpass USD 2500 billion dollars by 2020 and likely to have a positive impact on market growth owing to its utility in consumer electric industry.

Asia Pacific market led by Japan, India and China electrically conductive adhesives market are likely to experience significant gains for their application in automotive PCBs. Changing lifestyle with rise in disposable income generates demand for comfortable and luxury vehicles which may boost the overall demand for automotive PCB in this region, thereby driving the industry demand.

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Global electrically conductive adhesives market is consolidated with key players which includes Master Bond Inc, Henkel AG & Co. KGaA, Panacol-Elosol GmbH, H.B. Fuller Company, 3M Company, Aremco Products, Inc and. Dow Corning.

 

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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